If you have found yourself on the ChexSystems database, you may be wondering how you will ever open another bank account. If you have poor financial credit, many banks will consider you a risk. This includes when you have bounced checks, kited checks, accrued NSF fees, or even had a negative balance for a specific amount of time. Oftentimes, once your poor credit has been noticed you will no longer be extended the opportunity to bank with ChexSystems banks.
Luckily, however, there are banks and credit unions often called ‘last chance banks’ or ‘non-ChexSystems banks’ which provide services to customers with bad credit. These financial institutions accept you, knowing that you are a risk. Sometimes, this means that they may require a deposit to be held in reserve, in case of NSF fees, etc. or it may mean that they require some form of collateral. Either way, you are able to rebuild your credit by using these alternative banks or credit unions.
Colorado has several financial institutions that are Non ChexSystems Banks. You may want to start with these and see if they can provide the services you are looking for as they are listed as Non ChexSystems banks and this is what you need if you have poor credit.
Please note that the information about non chexsystems banks changes each year (even month). We cannot guarantee any of the banks listed won’t do a non chexsystems check (though at the time of compiling, these banks don’t require a chexsystems check). You will have to call the banks to see.
If you have problems opening up a bank account, the best solution is to open up an online bank account here.
- Armed Forces Bank (888) 929-2265
- Adams Bank &Trust (308) 284-4071
- Compass Bank (800) 266-7277
- Equitable Savings & Loan (970) 522-6522
- TCF Bank (800) 823-2265
- Valley Bank and Trust (303) 659-5450
- Elevations Credit Union (303) 443-4672